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61 changes: 61 additions & 0 deletions lib/catalog/__tests__/fixtures/valuation-golden.json
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{
"description": "Golden valuation-band cases shared verbatim between recoupable/api (lib/catalog/computeValuationBand.ts) and recoupable/marketing (lib/valuation/computeCatalogValuation.ts). The two copies of this file must stay byte-identical, and each repo has a test asserting its implementation reproduces every case to the cent. If a test fails, the implementations have diverged: fix the code or update this fixture in BOTH repos in the same change. Formula: annualGross = (totalStreams / catalogAgeYears) * 0.0035; band = annualGross * grossUp{1.25,1.4,1.6} * (1 - 0.15) * (1 - 0.25) * multiple{10,13,16}; catalogAgeYears = round(msSince(earliestReleaseDate) / 365.25d) clamped to >= 1, defaulting to 5 when earliestReleaseDate is null. Band keys here are low/mid/high; marketing names the middle value 'central'.",
"cases": [
{
"name": "large catalog with unknown release date falls back to the 5y default age",
"input": {
"totalStreams": 16308837441,
"earliestReleaseDate": null,
"now": "2026-07-06T00:00:00.000Z"
},
"expected": {
"catalogAgeYears": 5,
"low": 90972733.85,
"mid": 132456300.49,
"high": 186312158.93
}
},
{
"name": "zero streams yields a zero band",
"input": {
"totalStreams": 0,
"earliestReleaseDate": "2020-01-01T00:00:00.000Z",
"now": "2026-07-06T00:00:00.000Z"
},
"expected": {
"catalogAgeYears": 7,
"low": 0,
"mid": 0,
"high": 0
}
},
{
"name": "ten-year catalog ages from its earliest release date",
"input": {
"totalStreams": 100000000,
"earliestReleaseDate": "2016-07-01T00:00:00.000Z",
"now": "2026-07-01T00:00:00.000Z"
},
"expected": {
"catalogAgeYears": 10,
"low": 278906.25,
"mid": 406087.5,
"high": 571200
}
},
{
"name": "months-old catalog clamps age to one year",
"input": {
"totalStreams": 1000000,
"earliestReleaseDate": "2026-05-01T00:00:00.000Z",
"now": "2026-07-06T00:00:00.000Z"
},
"expected": {
"catalogAgeYears": 1,
"low": 27890.63,
"mid": 40608.75,
"high": 57120
}
}
]
}
28 changes: 28 additions & 0 deletions lib/catalog/__tests__/valuationGoldenFixture.test.ts
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import { describe, it, expect } from "vitest";
import { computeValuationBand } from "../computeValuationBand";
import fixture from "./fixtures/valuation-golden.json";

/**
* Cross-repo divergence guard (recoupable/chat#1850): the valuation model is
* implemented twice — here and in recoupable/marketing
* (lib/valuation/computeCatalogValuation.ts). This fixture's twin lives at
* marketing/lib/valuation/__tests__/fixtures/valuation-golden.json and the two
* JSON files must stay byte-identical. If this test fails, the api model has
* drifted from the shared formula: fix the code, or change the fixture in
* BOTH repos in the same coordinated change.
*/
describe("computeValuationBand golden fixture", () => {
it.each(fixture.cases)("$name", ({ input, expected }) => {
const { valuation, catalogAgeYears } = computeValuationBand({
totalStreams: input.totalStreams,
earliestReleaseDate: input.earliestReleaseDate,
now: new Date(input.now),
});

expect(catalogAgeYears).toBe(expected.catalogAgeYears);
// Fixture values are rounded to the cent; assert to within one cent.
expect(Math.abs(valuation.low - expected.low)).toBeLessThanOrEqual(0.01);
expect(Math.abs(valuation.mid - expected.mid)).toBeLessThanOrEqual(0.01);
expect(Math.abs(valuation.high - expected.high)).toBeLessThanOrEqual(0.01);
});
});
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